Osaka Gas Co. Ltd. agreed on July 29 to buy Houston-based independent Sabine Oil & Gas Corp. as the Japanese company looks to U.S. shale for growth.

The transaction, which still requires government approvals, will mark the first time a Japanese company has purchased a U.S.-based shale gas developer, Osaka Gas said in its release.

Sabine, formerly a publicly-traded E&P which emerged as a private company after filing for bankruptcy in 2016, operates in the Haynesville and Cotton Valley shale plays in East Texas. According to a report by Reuters, the sale of Sabine is worth $610 million.

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